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Average Product Manager Salary in India in 2025 [For Freshers & Experienced]

Average Product Manager Salary in India in 2025 [For Freshers & Experienced]

Q: 1. Which is a better role – product owner or project manager?

Although there is some overlap in the tasks performed by a product owner and a project manager, these two roles are pretty much different. Many people assume that a project manager in the Agile software development methodology is known as the product owner. However, that is not the case. A product owner's responsibilities include offering a vision for product development, supporting the teams involved, maximizing the value of the product to customers, and much more. A product owner is the person accountable, while a project manager is responsible for only project execution. Both roles are equally vital to ensure a smooth trajectory of the product from conceptualisation to launch.

Q: 2. Is the product owner the boss of the entire team?

The product owner is a critical part of Scrum, which is an Agile methodology of software development. Adopting the Scrum approach ensures that products can be developed incrementally and launched in production faster. So, the product owner is a part of the scrum team and collaborates with all the other members of the entire product team. Contrary to what many people think, the product owner is not the boss of the whole team. They are responsible for specific tasks which they can either delegate to others or accomplish themselves. But either way, the product owner remains accountable.

Q: 3. How is product management different from consulting?

Both product managers and consultants must possess superior analytical and communication skills. However, there are significant differences. Product managers are essentially generalists; they are responsible for leading and influencing the product development teams. A product manager can hail from technical and non-technical backgrounds and is typically engaged in product design, estimation, and analytics. Consultants are advisors in a specific field; they are hired when an organization needs help to achieve a particular goal. They either have a management degree or hail from a finance or marketing background. However, candidates with an MBA generally enjoy greater preference as consultants.

Q: 4. Who are Project Managers?

Project managers have a significant role in companies' success, learning, and transformation because they know the commonalities among initiatives. Project managers supervise initiatives that contribute to success by applying their project management abilities. They take ownership of the project's objectives and employ their knowledge and experience to encourage teamwork among the project team members. The structured exhilaration of taking on new tasks and the accountability of generating business outcomes appeal to them. Project managers also thrive under pressure and are at ease with complexity and change in fast-paced settings. They cultivate the interpersonal abilities required to foster communication and trust among all involved parties.

Q: 5. What is the scope of Project Managers?

Every company employs project managers as staff members, managers, independent consultants, and contractors. Project managers can advance to program management roles when they get more expertise and are in charge of several related projects. They can also become portfolio managers, who are in charge of choosing, prioritising, and coordinating projects and programs with the strategy of a business. Project managers are in greater demand than ever before. Organisations have been putting more of their attention into projects rather than everyday operations for years as the speed of both economic and technological transformation has accelerated. Project management is now recognized as a strategic skill essential to corporate success by top management and HR managers.

Q: 6. How can we develop project management skills?

Daily practice is the key to mastering these project management skills. You may find possibilities to develop your areas of improvement if you are aware of them, as is the case with most things. To put your communication abilities to the test, offer to do a presentation. To ensure that you are constantly prepared and on top of all things, you should start monitoring your work in a project management application. Additionally, you must seek approaches to motivate and excite each team member. Your soft skills will quickly develop into your project management strengths as you hone them.

Q: 7. What frameworks do experienced product managers actually use day-to-day (beyond just MVP and OKRs)?

Most real-world PMs rely on a mix of frameworks, such as the RICE scoring model for prioritization, the Double Diamond model for discovery and delivery, and Opportunity Solution Trees for strategic mapping. These help with deeper decision-making, especially in complex B2B or enterprise environments.

Q: 8. How do product managers without a tech background effectively work with engineering teams?

Non-technical PMs often succeed by focusing on writing clear specs (using tools like Notion or Jira), asking structured questions in sprint planning, and learning the basics of APIs, system architecture, and Git workflows—not to code, but to communicate.

Q: 9. What data metrics do hiring managers expect PM candidates to be fluent in during interviews?

Interviewers expect candidates to explain key metrics like DAU/WAU/MAU, churn rate, retention cohorts, conversion funnels, and NPS—plus when and why to use each. For growth PM roles, LTV:CAC ratio and A/B testing results are also expected knowledge.

Q: 10. How do product managers balance stakeholder requests with user data when priorities clash?

Experienced PMs typically use structured stakeholder interviews, product analytics tools (like Amplitude or Mixpanel), and customer journey mapping to create data-backed narratives that justify deprioritizing or reshaping requests while maintaining trust.

By Jitesh Goel

Updated on May 20, 2025 | 11 min read | 45.63K+ views

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Average Product Manager Salary in India: Trends and Opportunities in 2025
What Affects the Salary of a Product Manager in India?
How to Increase Your Product Manager Salary?
Advance Your Product Management Career with upGrad!

Latest Insight: Major metros like Bengaluru, Delhi, and Mumbai continue to lead as project management (PM) hiring hubs, and emerging cities such as Coimbatore and Jaipur are quickly gaining traction. This signals a shift in India’s talent market and expands opportunities beyond traditional tech centers.

The average product manager salary in India varies depending on the level of experience. An entry-level professional can expect an annual average wage of ₹7 lakhs. On the other hand, a senior-level product manager with over five years of experience can earn ₹20 lakhs or more.

Salary differences also arise based on roles, where a lead or principal product manager can command between ₹25 lakhs and ₹45 lakhs. Skills like data-driven decision-making, UX knowledge, and technical understanding significantly influence salary potential in today’s competitive product-led companies.

This blog will give you insights into Average Product Manager salaries in India and explore the exciting career opportunities available. We'll also cover key skills and strategies to help you succeed in this high-growth field.

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Average Product Manager Salary in India: Trends and Opportunities in 2025

Pursuing a career as a Product Manager in India is a promising choice due to rapid digital transformation across industries. This role demands a combination of business acumen, such as market analysis and product strategy, technical awareness, including APIs and data analytics, and soft skills like collaboration and stakeholder management.

Product Managers lead the lifecycle of digital products, delivering user-focused features such as mobile payment systems, aligning cross-functional teams like engineering and marketing, and ensuring product-market fit through SME-focused SaaS tools.

The growing reliance on digital platforms and tech-driven solutions, especially in cities like Bangalore, Mumbai, and Hyderabad, contributes to rising demand and competitive salary packages.

The following courses will help you become a successful product manager in 2025, whether you are aiming to build user-centric solutions or drive product strategy across teams.

Product Manager Salary in India: Job Role Insights

O.P. Jindal Global University

Masters in International Accounting and Finance (Accredited by ACCA, UK)

Master's Degree12 Months

Duke CE

Post Graduate Certificate in Product Management

Ranked #2 in Executive Education

PG Certification6-10.5 Months

When analyzing average product manager salaries in India, it’s essential to recognize that compensation varies widely depending on the specific role and level of responsibility. As product managers progress in their careers, the complexity of their work and strategic impact increase, which is reflected in their earning potential.

Below is a table comparing the various product manager roles, average annual salary ranges, and key responsibilities.

Role	Average Annual Salary Range	Key Responsibilities
Assistant/Associate Product Manager (APM)	₹6 Lakhs – ₹12 Lakhs	• Assist in market research and competitor analysis • Support product documentation and coordination • Work closely with senior PMs and cross-functional teams
Product Manager (PM)	₹12 Lakhs – ₹25 Lakhs	• Own product features and roadmap planning • Collaborate with engineering, design, and marketing teams • Analyze user feedback and product performance
Senior Product Manager	₹25 Lakhs – ₹40 Lakhs	• Drive strategic product initiatives • Manage product lifecycle and prioritize enhancements • Mentor junior PMs and work with leadership
Lead/Principal Product Manager	₹35 Lakhs – ₹60 Lakhs	• Define product vision and long-term strategy • Oversee large-scale product planning and execution • Lead cross-functional teams
Director/VP/Chief Product Officer (CPO)	₹50 Lakhs – ₹1 Crore+	• Set overall product direction and company-wide strategy • Lead the entire product org • Ensure alignment with business outcomes and innovation goals

Source: Industry Reports, Payscale, LinkedIn

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Also Read: Project Manager Roles and Responsibilities

Company-Wise Salary Insights for Product Managers

The average product manager's salary in India varies significantly based on company size, industry vertical, and the complexity of the product ecosystem. Additionally, each organization’s approach to product development, innovation cycles, and user engagement strategies influences compensation packages.
Here’s a detailed company breakdown of the product manager's salary in India.

Company	Average Annual Salary	Key Product Responsibilities
Flipkart	₹14 lakhs – ₹35 lakhs	Drive e-commerce product strategy, define user journeys, and collaborate with design and engineering to enhance user experience and increase conversion metrics.
Tata Digital	₹10 lakhs – ₹28 lakhs	Own roadmap execution for consumer platforms, implement A/B testing frameworks, and integrate data-driven decision-making across agile sprints.
Paytm	₹9 lakhs – ₹25 lakhs	Manage fintech products focusing on payments and lending, define GTM strategies, and align business KPIs with product OKRs.
Zomato	₹12 lakhs – ₹30 lakhs	Develop food delivery and dining products, lead growth experiments, and ensure retention by improving personalization and discovery modules.
Freshworks	₹8 lakhs – ₹22 lakhs	Handle B2B SaaS products, prioritize customer feedback loops, and define scalable features across global product suites.

Source: Ambition Box, Indeed, Levels.fyi, 6figr

Example Scenario:
Ritika began her career at Freshworks in 2019 as an Associate Product Manager with a ₹9 lakh salary. She led internal tools development and streamlined feature rollouts for CRM modules. By 2024, she joined Flipkart as a Senior Product Manager with a ₹28 lakh package, overseeing mobile app optimization for Tier-2 city users and improving engagement metrics by 22%.

Also Read: A Complete Guide to a Career In Product Management

Now let’s explore how the average product manager salary varies at different experience levels.

Salary Overview by Experience Level

The average product manager salary in India varies depending on professional experience, domain knowledge, and familiarity with product development frameworks like Agile and Scrum.

Here is a detailed breakdown of the product manager salary based on different experience levels.

Experience Level	Average Annual Salary	Key Responsibilities
Entry-Level (0–1 years)	₹7 lakhs	Working closely with senior product managers to gather user requirements, define product features, and coordinate with design and engineering teams. They often work on MVPs, perform market research, and learn tools like Jira, Confluence, and Figma.
Mid-Level (1–4 years)	₹12 lakhs	Managed complete product roadmaps, conducted A/B testing, analyzed user data, and worked across departments to ensure timely feature rollouts. They often lead sprints, write user stories, and use tools like Mixpanel and Tableau for decision-making.
Senior-Level (5–9 years)	₹20 lakhs	Owning multiple products or entire platforms, aligning product strategy with business goals, and mentoring junior PMs. They contribute to revenue growth, drive innovation, and collaborate directly with leadership teams and stakeholders.

Source: Glassdoor, AmbitionBox, Product Leadership Institute Salary Report

Example Scenario:
Let’s consider Karan, who began his journey in 2020 as an associate product manager focused on customer feedback loops and sprint planning. By 2023, he managed core features in a food delivery app, using tools like Amplitude and Miro. In 2025, he leads a product team building AI-driven personalization features at a consumer tech firm and earns ₹20 lakhs per annum.

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Also Read: How to Learn Artificial Intelligence: Steps to Get Started

Now, let’s look at how the average product manager's salary varies across different cities in India.

Salary Breakdown by Cities

The average salary of a product manager in India differs significantly by city, influenced by regional tech ecosystems, startup density, product-led growth culture, and cost of living. In 2025, the role will be shaped by digital product adoption, customer experience priorities, and the expansion of SaaS and AI-based platforms across industries. Here is a detailed breakdown of the average salary of a product manager in major Indian cities.

City	Average Annual Salary	Key Drivers
Bengaluru	₹14 lakhs – ₹45 lakhs	Startup capital with demand in SaaS, fintech, AI companies. PMs drive agile innovation and scale users.
Mumbai	₹10 lakhs – ₹36 lakhs	Finance, media, and consumer companies. Focus on monetization and customer engagement strategies.
Hyderabad	₹12 lakhs – ₹30 lakhs	Growing product and R&D hub. Demand in enterprise tech and health tech sectors with API expertise.
Delhi NCR	₹11 lakhs – ₹28 lakhs	E-commerce, edtech, and consulting firms. Emphasis on data-driven decision making and roadmap planning.
Pune	₹9.5 lakhs – ₹40 lakhs	Automotive tech and enterprise SaaS. Need for Agile-driven strategy and tech fluency in product teams.

Source: Ambition Box

Example Scenario:
Let’s consider Ravi, who started as a business analyst in Delhi NCR with a salary of ₹6.5 lakhs. After transitioning into product management and gaining experience in user research and Agile delivery, he moved to Bengaluru. By 2025, he will lead the roadmap for an AI-enabled fintech platform, and his annual compensation will reach ₹32 lakhs due to his strategic ownership and the city’s robust product ecosystem.

Let’s examine the factors that affect the average salary of a product manager in India.

What Affects the Salary of a Product Manager in India?

The average salary of a product manager in India is influenced by a combination of business acumen, technical skills, and market demand. Other aspects, such as company size, product complexity, and leadership capabilities, also play a significant role in shaping the compensation structure.

Here’s a comprehensive overview of the factors influencing the product manager's salary in India.

Experience: Senior product managers typically lead the entire product lifecycle, from ideation to launch and iteration. They leverage data analytics, customer feedback, and market research to drive product strategy. Experience also translates into better stakeholder management and the ability to mentor junior PMs, which are highly valued in larger organizations.
Industry Domain: Product managers in sectors like fintech, e-commerce, and SaaS often command higher salaries due to these markets' competitive and fast-evolving nature. Expertise in navigating regulatory requirements, optimizing user engagement, and managing scalable solutions further enhances their value.
Technical Expertise: Proficiency in tools and frameworks such as SQL for data analysis, Agile and Scrum methodologies for project management, and familiarity with APIs and software architecture significantly impact salary. Understanding technical constraints and collaborating effectively with engineering teams are crucial skills for product managers.
Company Size and Role: Product managers in startups might have broader roles but lower pay. At the same time, those in large multinational corporations or tech giants tend to receive higher compensation due to complex product ecosystems and greater responsibilities. Leadership roles such as Group Product Manager or Head of Product typically attract premium salaries.
Soft Skills and Leadership: Strong communication, negotiation, and team management skills differentiate high-earning product managers. The ability to align diverse teams, manage cross-functional collaboration, and deliver business outcomes is critical for climbing the salary ladder.

Use Case: A product manager with 6+ years of experience may start by owning specific features and evolve to managing entire product lines. By mastering data-driven decision-making, Agile processes, and cross-team leadership, they can transition into senior roles with substantially higher compensation.

Also Read: Agile Methodology Steps & Phases: Complete Explanation

Now, let’s understand how an average product manager’s salary can increase in India.

How to Increase Your Product Manager Salary?

Growing your salary as a product manager requires a mix of experience, strategic skills, and cross-functional expertise. Companies in India highly value professionals who can align product development with market needs, drive innovation, and effectively manage stakeholder expectations.

Here are some essential skills and actions to become a highly paid product manager in India:

Earn relevant certifications: Certified Scrum Product Owner (CSPO) and Pragmatic Marketing Certification demonstrate your expertise in Agile frameworks and market-driven product strategies. These credentials enhance your credibility and open doors to higher-paying roles.
Gain proficiency in data analytics: Understanding tools like SQL, Google Analytics, and Tableau empowers you to make data-driven product decisions, optimize user engagement, and improve ROI, making you a valuable asset.
Develop technical knowledge: Familiarity with APIs, UX principles, and software development lifecycle helps you collaborate effectively with engineering teams and bridge the gap between technical feasibility and business goals.
Network within the industry: Attending product management conferences, webinars, and meetups like ProductCon or local PM communities exposes you to industry trends and connects you with senior professionals who can offer mentorship and job opportunities.
Leadership and stakeholder management training: Enhancing your skills in communication, conflict resolution, and strategic decision-making positions you to lead larger teams and manage cross-departmental initiatives, which are often rewarded with better compensation.
Build cross-functional expertise: Knowledge of business strategy, marketing, and finance allows you to contribute to company growth holistically. Aligning product goals with business KPIs increases your impact and bargaining power for salary hikes.

Example Scenario:
For instance, a product manager at a SaaS startup in Mumbai improved customer retention by 25% by introducing data-driven feature prioritization and leading cross-team workshops. By earning a CSPO certification and mastering analytics tools, they secured a promotion and a 40% salary increase within two years.

Also read: What Are Technical Skills? Top 26+ Essential Skills for Career Success in 2025

Advance Your Product Management Career with upGrad!

In 2025, India's average product manager salary varies across companies and locations. Leading firms like Amazon and Flipkart offer top packages reaching up to ₹45 lakhs per annum. Salary ranges also differ by city, with Mumbai seeing average annual pay between ₹10 lakhs and ₹28 lakhs, while Bengaluru offers between ₹12 lakhs and ₹35 lakhs due to its strong tech ecosystem and demand for skilled product managers.

To become a proficient product manager, consider upGrad’s additional courses to build product strategy, data analytics, and stakeholder management expertise.

Curious about which skills and certificates will elevate your career as an information systems manager in 2025? Contact upGrad for personalized counseling and valuable insights. For more details, you can also visit your nearest upGrad offline center.

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References:

https://www.pminterviewprep.club/blog/the-future-of-product-management-jobs-in-india-in-2025/
https://in.indeed.com/cmp/Zomato/salaries/Associate-Product-Manager
https://www.levels.fyi/companies/zomato/salaries/product-manager?country=113
https://www.productleadership.com/blog/product-manager-salary/

Frequently Asked Questions (FAQs)

1. Which is a better role – product owner or project manager?

2. Is the product owner the boss of the entire team?

3. How is product management different from consulting?

4. Who are Project Managers?

5. What is the scope of Project Managers?

6. How can we develop project management skills?

7. What frameworks do experienced product managers actually use day-to-day (beyond just MVP and OKRs)?

8. How do product managers without a tech background effectively work with engineering teams?

9. What data metrics do hiring managers expect PM candidates to be fluent in during interviews?

10. How do product managers balance stakeholder requests with user data when priorities clash?

11. What does a strong product spec (PRD) look like, and what tools are best for writing it in 2025?

Jitesh Goel

38 articles published

Jitesh is an experienced Growth Product Manager with a demonstrated history of working in successful startups and expertise in the education-technology domain. His core skills are in analyzing, design...

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